Music Business News: South Korea News HYBE, home of BTS, sees revenues grow to $226m in Q1 2022, up 59.8% YoYHYBE generated South Korea Won (KRW) 285 billion in the three months ended March 31 News Spotify launches specialist K-Pop exec recruitment driveCandidate will join'a newly created team focused on breaking through K-Pop and K-culture driving communities' News Merlin strikes partnership with South Korean streaming app FLOFLO was launched in 2018 by South Korea-headquartered Dreamus Company News BTS Permission to Dance on Stage – Seoul concert broadcast generated $32.6mFilm was released in 3,711 cinemas in 75 countries News K-pop giant SM Entertainment strikes ‘Play2Create’ NFT partnership with crypto exchange BinanceSM entertainment will let fans convert content into NFTs within its so-called Play2Create ecosystem News BTS named Global Recording Artist of the Year by IFPI for second straight yearBTS first entered the IFPI Global Artist Chart in 2018, entering at No.2 Analysis News HYBE, home of BTS, surpassed $1bn in revenues in 2021 – the year it acquired Scooter Braun’s Ithaca HoldingsHYBE spent $1 billion on Braun's company in April 2021, and has seen a 58% jump in annual revenues News Sony Music partners with children’s brand Pinkfong to launch Baby Shark NFT collectionBaby Shark is the world’s most viewed video in YouTube history1 2 … 11 Next
News HYBE, home of BTS, sees revenues grow to $226m in Q1 2022, up 59.8% YoYHYBE generated South Korea Won (KRW) 285 billion in the three months ended March 31
News Spotify launches specialist K-Pop exec recruitment driveCandidate will join'a newly created team focused on breaking through K-Pop and K-culture driving communities'
News Merlin strikes partnership with South Korean streaming app FLOFLO was launched in 2018 by South Korea-headquartered Dreamus Company
News BTS Permission to Dance on Stage – Seoul concert broadcast generated $32.6mFilm was released in 3,711 cinemas in 75 countries
News K-pop giant SM Entertainment strikes ‘Play2Create’ NFT partnership with crypto exchange BinanceSM entertainment will let fans convert content into NFTs within its so-called Play2Create ecosystem
News BTS named Global Recording Artist of the Year by IFPI for second straight yearBTS first entered the IFPI Global Artist Chart in 2018, entering at No.2
Analysis News HYBE, home of BTS, surpassed $1bn in revenues in 2021 – the year it acquired Scooter Braun’s Ithaca HoldingsHYBE spent $1 billion on Braun's company in April 2021, and has seen a 58% jump in annual revenues
News Sony Music partners with children’s brand Pinkfong to launch Baby Shark NFT collectionBaby Shark is the world’s most viewed video in YouTube history